Two wallets suspected of being associated with Hermeneutic have sold about $15 million worth of HYPE over the past three days, according to on-chain data monitored by Odaily Planet Daily. The wallets still hold approximately 660,000 HYPE valued at about $56 million and continue to sell gradually. Market participants say sustained selling by large holders could pressure HYPE’s short-term price, while the size of the remaining position makes subsequent fund movements worth watching.